Business

Construction and Developer ERP: Keeping Project Costs Under Control

5 min read

Rod and cement prices move during a project. Materials arrive at three sites, some are transferred between them, and a little goes missing. If all spending sits in one company ledger, nobody can say whether a particular project is ahead of its budget or behind it.

What to track for each project

  • Budget against actual cost, by stage of work
  • Material requisition, purchase, receipt at site and use
  • Contractor and labour bills against measured work
  • Supplier dues and payment dates
  • Flat or plot sales, instalment schedules and collection
  • Landowner share and adjustments, where the land is shared

Materials are where money leaks

The office buys, the site receives, and often nobody compares the two. When the site records what arrived and what was used, the system can show how much rod a slab consumed against the estimate. A gap that repeats is a question worth asking.

Customer instalments

Each buyer has their own schedule, and late payments decide the company's cash flow. The system should show what is due this month, send reminders, and give every buyer a statement that matches their receipts. A buyer who can see their own ledger argues far less.

Start with one site

Run one project fully in the system before bringing in the others. Site staff need a phone-friendly way to record receipts and daily work, in Bangla. If the site does not enter data, the office is back to estimating.

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